Team,

Here is our tracking of oil through USO. It looks like we might be getting a capitulation move down here, but it's still a little too early to say. (This is a monthly chart) With that said, we started buying some today (very small position so far) for long term hold (Dec 2022).

As always ...
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Chart PatternsTechnical IndicatorsTrend AnalysisCrude Oil WTIusoilshort

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